Q. What expenses are generally included in the term 'Expenses' in financial management?

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Q. In insurance companies, what expenses are generally included in the term 'Expenses'?

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Q. How does a low expense ratio impact financial management?

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Q. What does Section 40 (C) of the Insurance Act, 1938 provide for in relation to expenses of management in general insurance business?

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Q. What happens if an insurer exceeds the permissible amount of expenses of management under Section 40 (C)?

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Q. Who is required to provide a certificate regarding the full debiting of expenses of management in the Revenue Account, as per Section 40 (C)?

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Q. How are various expenses ratios in non-life insurance companies computed?

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Q. How is the Incurred Claim Ratio calculated in non-life insurance companies?

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Q. What is the formula for calculating the Commission Ratio in non-life insurance companies?

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Q. How is the Management Expense Ratio computed in non-life insurance companies?

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Q. What is the formula for calculating Net Incurred Claim in non-life insurance companies?

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Q. What do Activity Ratios measure in financial management?

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Q. What factors does the overall profitability in financial management depend on?

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Q. How is the Stock Turnover Ratio calculated when opening and closing stock figures don't widely vary?

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Q. In the insurance sector, what is considered for segment-wise Activity Analysis in terms of premium collection?

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Q. What does Activity Analysis in the insurance sector include in respect of Benefits paid to policyholders?

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Q. What is the primary focus of Solvency Ratio in financial management?

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Q. What is the regulatory requirement related to maintaining the Required Solvency Margin in insurance companies?

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Q. In the life insurance business, what is the typical ratio between shareholders' funds and policyholders' funds?

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Q. How is the test of insolvency by the regulator more rigorous for life insurance business compared to non-life insurance business?

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